$17 million, low-income apartment complex islatest part of public housing remake:Construction has started on a 110-unit, low-income apartment complex in Northeast El Paso the latest piece in a yearslong, $1 billion-plus program to remake El Pasos public housing. River Oaks, owned by Gerald Rubin, founder of El Paso consumers products company Helen of Troy, and Mimco, headed by Meyer Marcus, are El Pasos largest developers of strip shopping centers. Downtown Commercial Faade Improvement Grant. More But not much is for sale in El Paso because Mimco, River Oaks Properties and the Malooly brothers own most of El Pasos shopping centers and dont sell them, Ayoub said. El Paso (/ l p s o /; Spanish: "the pass") is a city in and the seat of El Paso County in the western corner of the U.S. state of Texas.The 2020 population of the city from the U.S. Census Bureau was 678,815, making it the 23rd-largest city in the U.S., the sixth-largest city in Texas, and the second-largest city in the Southwestern United States behind Phoenix, Arizona. One of the most recent added to the list of stores at the marketplace is Crumbl Cookies. Shelters in El Paso were bursting at the seams, leading to immigrants being released into the streets where they slept for dayssomething that had never happened before in the border city. Choose wisely! It also has a Great American Steak Burger restaurant. J.C.s plans incorporate his sales and marketing experience into the broader MIMCO leasing efforts in El Paso and looks forward to helping businesses find their next location in a MIMCO property. Other reviewers have noted that the donuts they've bought at this location were stale, and I'm sad to say that I had a similar experience. Tattered Cover, the state's largest independent bookstore and an iconic retail name in Colorado for a half century, will open a location next year in the heart of downtown Colorado Springs . And that's just the beginning because Eastlakers will soon be welcoming Churras Queria Brazilian Steak, McAllister's Deli, Applebee's Grill & Bar, Great American Land & Cattle Co., Cracker Barrel, and so many more. Amazon to bring 750 jobs to El Paso with big distribution center: The new William Beaumont Army Medical Center opens: Your California Privacy Rights/Privacy Policy. 915-757-1300. The marketwide industrial vacancy rate stood at approximately 6 percent at the end of the first quarter, down from 6.5 percent at this time last . DUBAI, United Arab Emirates (AP) Budget carrier FlyDubai announced record profits on Wednesday, benefitting from a surge in air travel following the lifting of pandemic restrictions. Their answers are lightly edited and presented in alphabetical order. Lujan first noticed immigrants in his neighborhood two years ago, as they ran through the neighborhood to evade Border Patrol. Nearing its 50th year in the industry, MIMCO is an invaluable resource for local entrepreneurs seeking to expand their knowledge in the commercial real estate field. The City of El Paso has sent more than 60 busloads of migrants to New York City and Chicago and recently approved a $2 million contract to continue bussing migrants to other cities over the next . space in El Paso is second or third generation space that might work for most of the market but many professionals and new businesses coming into El . The center was built in 1955, and has had several renovations over the years, according to a Marcus & Millichap sales brochure. MIMCO bought the 178,000 center at an undisclosed price from Noddle Companies, a real estate firm based in Omaha, Nebraska, that owned the property since the late 1980s. ED@elpasotexas.gov. And its not just restaurants and department stores. More recently, MIMCO signed its first deal with Dutch Bros, an exciting drive-through focused coffee chain that is relatively new to El Paso. The work is supported by a five-year, $20 million grant from th, The city of El Pasos purchasing and strategic sourcing department hosts the 10th Cooperative Purchasing Expo 8:30 a.m. to 5 p.m. March 29 at the Judson F. Williams Convention Center. News. About three weeks ago, MIMCO closed the deal to acquire Montwood Shopping Center, which is home to an Albertsons grocery store, Great American Steakburger, Ace Hardware and Montwood Movies 7. Before that, she served five years on the Paso del Norte He, The El Paso County Parks and Recreation Department has received a $1.5 million grant from the Texas Parks and Wildlife Department. Thanks for contacting us. Events Calendar. Mimco bought the center April 6 from the Noddle Cos., an Omaha, Neb.-based commercial real estate development and management company. AMAR Peruvian + Mexican Kitchen opens in El Paso serving authentic Peruvian cuisine. A leading commercial real estate management and investment company headquartered in El Paso, MIMCO oversees 350+ separate commercial properties, totaling 8+ million square feet of retail and industrial product for its affiliated owners in Texas, New Mexico and Arizona. Our staff is ready to help.Get in touch with us. The club focuses on , The Hospitals of Providence has completed the $2 million renovation of its cardiac catheterization lab at the Memorial Campus. MIMCO, like most landlords and developers in Texas, has seen an enormous jump in demand for sites that offer drive-thru and pick-up windows. In his new role, Scott will oversee the implementation and growth strategy moving forward, including leading the efforts to direct the overall growth initiatives by identifying new acquisitions, new partnerships and new investor relationships. She has served on the board since 2017, including two terms as chair of the finance, audit and IT committees. Its doesnt make sense.. It took more than six years to complete the construction of the complexs six buildings, including the 135-bed hospital. November 14, 2020 / 4:35 PM / CBS News. Additionally, Village Inn next to UTEP reopened after a year-long closure, albeit with limited hours. Dr. Annette Cordova Hoy was named vice chair for , The U.S. Department of Education has awarded two grants totaling more than $4.3 million to the University of Texas at El Pasos College of Education. Martin is associate professor of family medicine and interim dean of student affairs at the Foster School of Medicine in El Paso. Tesla in El Paso? Get the latest updates on business resources and opportunities from the City of El Paso Economic and International Development Department direct to your inbox. Amazon to bring 750 jobs to El Paso with big distribution center:Amazon, the giant online retailer,plans to open one of itsdistribution centers in El Paso, company and El Paso government officials announced. This is its 17th El Paso location, for now. The Urban Outdoor Recreation Grant will support the development of Horizon View Park in Far East El Paso. As of this writing its still an empty lot, but according to documents submitted to the state, construction is expected to begin in mid-June and a projected completion in mid-to-late September. Your purchase was successful, and you are now logged in. An unnamed company with a significant number of employees is planning to put a facility on 44 acres of West El Paso land previously set aside for the now-dead Great Wolf Lodge project, city officials saidjust before a sale contract for the vacant land was approved. They have welcomed about 30 stores at the . The U.S. Supreme Court Chief Justice John Roberts issued an "administrative stay . The Meyers Group on Tuesday released a new plan to construct a luxury mixed-use building on Shadow Mountain and Pebble Beach Drives in west El Paso. El Paso will have its first Earl of Sandwich franchise Friday on the East Side. - Company expects to hire about 400 new employees to manufacture electrical products for commercial businesses in U.S., Mexico, and Canada making it one of largest employers in El Paso, TX . Now, we know that even more warehouses are on the way!. Inflation is consistently top of mind, forcing landlords to push rents across their portfolios to keep up with the market. EL PASO, Texas- In the last year, the Eastlake area has expanded exponentially, from restaurants to stores, the community has seen significant growth. Acquired by River Oaks from Banyan Development for approximately $25.5 million, Shop Delray is a trophy quality retail asset located at the corner of W Atlantic Avenue and Lyons Road where West Delray Beach and Boca Raton intersect. Gallery. Among them was a group of 300 released Saturday, with many more expected over the coming days. El Paso Chamber News. We are always looking to expand our presence in El Paso. Headquartered in El Paso, with offices in San Antonio and Austin, MIMCO sought this partnership as an opportunity to give back to the Texas small business community. Comerica Bank in Frisco: Comerica Bank announced corporate expansion plans in North Texas with development underway for its new Business & Innovation Hub in Frisco. The (Montwood Mall) center has always done well. El Paso builder Edward's Homes expands into Las Cruces, will invest about $30 millionin area: Tesla in El Paso? NAI El Paso represented the tenant in that deal. ma. Invalid password or account does not exist. They are: Kelley Thorpe Baker, chair; Ashley Lozoya Gonzalez, vice chair; Paola Formby, secretary; Iris Maraboto, treasurer; and Ludmila Garcia, marketer. Anthony Martinez, a UTEP graduate, is the franchise owner for the Airway location. Taiwan company says no decision made on placing manufacturing plant:Published news out of Taiwan that a company there plans to put a manufacturing plant in El Paso to make components for Tesla electric vehicles mightbe premature. The gym will be in the former 5 Star Cinema building at 4147 I-69 Access Road in the Five Points Shopping Center. Updated: Feb 28, 2023 / 02:05 AM MST. The $109 million project spans 24 acres at the northwest intersection of North Carefree Circle and Powers Boulevard and is expected to open mid-2022. Ever since Biden said, Come on over, theyre coming over, Lujan said. If youre a coffee connoisseur and you live or work in northeast, youll be happy to know Dutch Bros Coffee is expanding to your side of town in 2022. The grant comes from the funding the city received through the federal American Rescue Plan, The Ysleta Independent School District has named Claudia Canava-Flores principal of Valle Verde Early College High School. The town also released 5,327 who they deemed have a right to stay in the country for further processing into the community last week, according to El Pasos statistics. 90 Day Fiance Facebook. All Rights Reserved. The retail store has struggled with financial performance for over a year.According to reporting from USA Today, the company reported a 25% drop in sales in its first-quarter financial report in 2022. The non-profit organization and business incubator provides direct business assistance, mentoring, networking, access to capital and talent, other technical resources, and shared office space and equipment. Shoho, who is dean and professor emeritus of the School of Education at the University of Wisconsin-Milwaukee, begins his new role on April 17. Likely building demolitions part of three top proposals for remake of I-10 in Downtown El Paso: Heart of El Paso": Blue Flame Building becomes low-income apartments, HQ for housing agency, Great Depression's El Paso Hilton reborn as Plaza Hotel Pioneer Park in great pandemic, Richard Poe still fighting for control of father's auto dealerships, brings Chrysler into fray. (Pun totally intended. A lot has been going on in El Paso the past year even more so now that many restaurants and businesses are opening to full capacity,hosting live music again, and more people feelcomfortable getting out. However, as time passed, it became clear that business would return, operators still needed to grow and the fundamentals that proved up the site in the beginning remained the same. The new fulfillment center, expected to open in2021, will create about 750 full-time jobs, starting at $15 per hour, plus health insurance and other benefits, officials said. Amar Peruvian + Mexican Kitchen is another recently opened entry near the university. She, Alan Shoho has been named provost and chief academic officer at New Mexico State University. Dutch Bros Coffee Brewing Up Northeast Location. San Antonio, Texas: Commercial real estate firm MIMCO has partnered with San Antonio based non-profit, Emerge and Rise. The cookie store was made popular throughout the nation through the social media platform, tiktok. The cars are going 60, 70 miles an hour and they get hit, said neighbor Alfred Subia who said he has known of many immigrants to get hit at night. Documents show a franchise location will be going up at 4810 Woodrow Bean Transmountain Dr. Like the two Dutch Bros that have already opened around El Paso and the three currently under construction, the future northeast location will have a double drive-thru lane and walk-up window. We have focused the last year on assembling a robust team ready and excited for the growth ahead as we adapt to changing markets and take advantage of a broader range of opportunities coming our way. 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When MIMCO won the bid for the 10-acre site covered with 20 plus tennis courts and a clubhouse, many thought it was an odd play to take on a large and speculative project in the Northeast submarket. Our staff is ready to help.Get in touch with us. Martinez was inspired by the culture and family-oriented atmosphere of his local Chick-fil-A and decided to pursue a career with the chain. News Sports Restaurants COVID-19 Opinion Advertise . Ryan Hoover has joined River Oaks Properties as general counsel. The only remaining enclosed portion is where the seven-screen movie theater is located. Your e-mail address will be used to confirm your account. Hernndez, who is a strategic planner at GECU and executive director of the GECU Foundation, starts her new job in March. However, that sentiment is shifting rapidly due to strong economic and population growth. Where On the Northeast Is It Going to Be? in East El Paso. We are devoted to our community and look forward to making a positive impact on the lives of our guests, said Martinez, who brought 31 mall team members with him to the new location. The Hobby Lobby recently moved into a new location at 3549 IH 66 Access Road. Effective August 31, 2022, the El Paso Streetcar will offer extended" Scott joined MIMCO 15 years ago and quickly established himself as a leader within MIMCOs leasing department, negotiating hundreds of leases with regional and national tenants on a repeat basis across the portfolio. And it took additional time toresolve other problems,including fixing hundreds of fire and life-safety deficienciesidentified early this year. Its not clear when the stores will open. The following is a list of services the City of El Paso offers: El Paso City Hall 300 N. Campbell El Paso, Texas 79901 (915) 212-0000 or 3-1-1. The new bistro recently merged with the Don Carbon located in the Albertsons parking lot (same building, same owners), but the merger people cant stop raving about are the flavors of Peru and Mexico that you get in every one of their dishes. Local and national developers are moving dirt, signing new leases, and redeveloping underutilized sites in El Pasos neighborhoods. Now in the second quarter of 2022, MIMCO is deeply aware of the headwinds affecting the industry and the nationwide economy. Historically, the El Paso market is often overlooked, primarily due to its distance from other major Texas markets. Assaults on Border Patrol agents or any other federal agents will not be tolerated and will be addressed swiftly by our office so they can continue to carry out their sworn duty to protect our communities, said FBI El Paso Special Agent in Charge Jeffrey R. Downey. McGee can be reached at msauls@mimcoproperties.com. Contact us today for more information: (915) 779-6500 or leasing@mimcoproperties.com. Its a great neighborhood.. It appears likely families will be able to reunite for Thanksgiving and Christmas in El Paso as well as Ciudad Jurez. The Trump-era policy currently allows the Border Patrol to kick out about 40% of the immigrants who cross the border migrants from Mexico, Venezuela and other Central and South American countries. El Pasos largest hospital operator and health care network is going to get bigger as it taps into the booming area along Eastlake Boulevard in far East El Paso County. In the corner spot of Downtown's Cortez Building, next to the large stone U.S. Post Office, is a small cafe with a mix of glass and wood tables, large windows . About 12:30 a.m. Monday, flames and smoke were rising out of the old school at 5411 Wren Ave., next to Irvin High . The Department of Homeland Security (DHS), which oversees CBP and U.S. Border Patrol, on Tuesday said it has moved more than 3,400 migrants out of El Paso over the past week through Title 42 . Cazares Burritos, La Coa Cocina among New Restaurants, Businesses Springing Up Around UTEP. It recently broke ground for the first 20 of 120 homes planned in the Metro Verde master-plannedcommunity in northeast Las Cruces, said Eder Gallardo, Edward's vice president. The area along Woodrow Bean Transmountain and Kenworthy has seen numerous businesses pop up over the last year or so. Andy Moreno has been with MIMCO 14 years working operations, acquisitions, and business development with tenants. First, a brand-new Olive Garden opened in February followed by a Burlington in March. Having developed and implemented processes to successfully grow MIMCOs footprint through acquisitions, Andy will bring his experiences and processes to leasing and marketing initiatives to source new opportunities in acquisitions, development, and tenant placement. Tarnished Downtown El Paso gem comes back to life at cost of over $100 million:One of Downtown El Pasos long-tarnished gems,the Hotel Paso del Norte, has been refurbishedat a cost estimated at well over $100 millionand brought back to life. Initiating its influence with a donation to Emerge and Rises business development program, MIMCO also plans to provide additional support of mentorship and expertise. As a life-long Dallas Cowboys fan in the great state of Texas I'm appalled. Since last year, Eastlakers have enjoyed the addition of retailers such as Dollar Tree, Ross, DD's Discount, Specs, and Dutch Bros. Like Cimmaron in northwest El Paso, Eastlake Marketplace Center is booming with new businesses as it prepares to welcome dozens more retailers, restaurants, and many more companies in the next few years, beginning with a few local favorites. Business resources and opportunities from the Noddle Cos., an Omaha, Neb.-based real. The way! served on the board since 2017, including the 135-bed hospital and national developers are dirt... The Foster School of medicine in El Paso the cookie store was made popular throughout the through... A Burlington in March underutilized sites in El Paso will have its first Earl of Sandwich Friday... Las Cruces, will invest about $ 30 millionin area: Tesla in El Paso as well as Ciudad.... To strong Economic and population growth, Come on over, lujan said East El Paso this is its El... Social media platform, tiktok the only remaining enclosed portion is where the movie... Nai El Paso will have its first Earl of Sandwich franchise Friday the... 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